Market Information Monday 27 July 2020

World trade fell by 1.1 percent in May from a month earlier. This is reported by the Central Planning Bureau (CPB), which recorded a historic decline of 12.2 percent a month earlier. This year, world trade has decreased by 17 percent. In the eurozone, trade is showing signs of recovery, reports the CPB. Imports increased by 6.5 percent and exports increased by 10.2 percent. In other major economies such as the US and Japan, imports and exports are still declining.

Dutch investors’ confidence rose again slightly in July. ING’s investor confidence indicator stood at 100 compared to 98 in June. Four out of five investors surveyed expect the value of their own investment portfolio to remain the same or increase over the next three months.

Manufacturing activity in the US and the eurozone shows growth in July. According to the purchasing managers index of research agency Markit, the position in the US for this month is 51.3 compared to 49.8 in June. The index for the US services sector rose from 46.9 to 47.9 in July. The eurozone is experiencing growth for the first time since the corona crisis. The index reached 51.1 in July and the index for the services sector reached 55.1.

The 6M Euribor decreased with 1 basis point to -0.37% compared to previous business day. The 10Y Swap increased with 2 basis points to -0.19% compared to previous business day.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented.